By Dr. Anna McKeone, Guest Writer Even for early- and mid-career investors, most respected asset allocations recommend holding bonds. This recommendation is based on the idea that bonds do not fluctuate as much as stocks, and it's to the point where people think of...

A reader asks: I have historically been maintaining an allocation of 35% US index, 33% international index, 30% bond funds, and 2% speculation in stocks. Bonds have been getting crushed. Should I continue to hold this allocation knowing this portion is definitely going to...